All auctions / Gujarat / Bhavnagar
27Oct
MACHINERY for sale in Bhavnagar
Bhavnagar, Gujarat – 364001
Canara Bank · AHMEDABAD SPECIALISED ARM BRANCH
- Reserve price
- ₹11,50,000
- EMD
- ₹1,15,000
- Bid increment
- ₹10,000
This is the 10th auction of this property. The reserve price is 4.2% lower than at the last auction (₹12,00,000 on 17 Sep 2026, 1:00 PM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property22 Oct 2026, 10:00 AM – 22 Oct 2026, 5:00 PM
- Pay EMD and submit bid by26 Oct 2026, 5:00 PM
- Auction27 Oct 2026, 1:00 PM – 3:00 PM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 27 Oct 2026 | ₹11,50,000 | -4.2% | Upcoming |
| 17 Sep 2026 | ₹12,00,000 | — | Closed |
| 5 Aug 2026 | ₹12,00,000 | -9.5% | Closed |
| 14 Jul 2026 | ₹13,26,000 | — | Closed |
| 25 Jun 2026 | ₹13,26,000 | — | Closed |
| 4 Jun 2026 | ₹13,26,000 | — | Closed |
| 13 May 2026 | ₹13,26,000 | -5.3% | Closed |
| 21 Apr 2026 | ₹14,00,000 | — | Closed |
| 27 Mar 2026 | ₹14,00,000 | -6.7% | Closed |
| 10 Mar 2026 | ₹15,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹1,15,000
- Rest of 25% when you win (same or next day)
- ₹1,72,500
- Balance 75%, usually within 15 days
- ₹8,62,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹57,500 – ₹92,000
You may bid above the reserve in steps of ₹10,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Other · Others
- Possession
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- Hypothecation of Machineries including accessories purchased out of bank finance installed at Plot No. 24, shed No 5, vishvkarma industrial estate, GIDC, Bhavnagar, Gujarat-364002 (registered address of MS Shiv textiles)
- Borrower
- SHIV TEXTILES
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